I think part of the problem is that people (like me) were expecting the simplified character style would at least allow for smoother game performance, actual cutscene direction, and really impressive vistas. So far, the performance is looking bad, but the streams have been pretty careful about not showing off cutscenes (though to be fair the trailers have looked fine in this regard), and the camera angle the guy was using to demonstrate the game in the latest stream just wasn't very inspiring to actually watch (but that's fine, he was trying to demonstrate the battle system, and we did get a couple of nice looks around but obviously they won't want to show everything in the area off).
I can respect what 1 managed to pull off given the constraints of the medium, and X's were hilariously ugly in a way that made them noteworthy, but 2's are just sort of... well... generic C-list anime game on the Vita, at this point.